An excellent summary of 'destructive destruction' loosed upon London by the ongoing financial crisis. Reposted from Pierce Penniless: I’m hosting this excellent paper, delivered by Richard B at this year’s Historical Materialism conference, because it deserves wider dissemination. Above is a plan of the panoptic National Penitentiary at Millbank.
As the financial crisis fastens its grip ever tighter around the means of human and natural survival, the age of the algorithm has hit full stride. This phase-shift has been a long time coming of course, and was undoubtedly as much a cause of the crisis as its effect, with self-propelling algorithmic power replacing human labour and judgement and creating event fields far below the threshold of human perception and responsiveness.